China Marketing Strategy
China has the largest global internet user base, with over 500 million active users. more than double that of the United States. It also has the world’s most active social media environment, with over 300 million people using various platforms, such as blogs, social networking sites, microblogs, and online communities. Businesses looking to succeed in […]
How to Finance a Company in China
One of the most challenging elements for foreign investors to manage their Chinese operations is to ensure sufficient and appropriate funding of your business in China. Improper strategies to financing your business can result in missed business opportunities and improper financial planning can further create an inability to ensure liquidity and proper cashflow of your […]
Changing Business Software China
Companies have strived to capture and defend their market share through various approaches in the past three years. While some have pursued strategies such as downsizing, mergers and acquisitions or aggressive sales drives, others have opted to evaluate internal practices and determine how to make adjustments within the business itself. This includes assessing software being […]
Big 4 Accounting Firm Fined in China
China aims to strengthen regulations in the certified public accounting sector, this is according to statements made by China’s Deputy Finance Minister Zhu Zhongming. This happens shortly after state firms in China were encouraged to not continue their contracts with the Big 4 Accounting firms and work with medium-sized and local Chinese auditors instead. According […]
China’s Manufacturing Challenges
China, widely known as “the world’s factory,” has been a dominant force in global manufacturing, due primarily to favorable factors such as low labor costs, a skilled workforce, and reliable infrastructure. The manufacturing landscape of China has evolved however, with regions developing and moving towards more value focused production, in addition to labor-intensive manufacturing shifting […]
How to Authenticate Documents for China
How to get documents authenticated for China used to be a major headache for foreign companies and individuals wishing to do business in China. However, on March 8, 2023 the Chinese ambassador to the Netherlands, Tan Jian, officially submitted China’s instrument of accession to the Hague Convention of 5 October 1961 abolishing the requirement of […]
China New Financial Regulator
China, like many other governments around the world, is seeking to strengthen its financial safety and stability through increased government financial oversight. On Tuesday, March 7, the National People’s Congress introduced a bill that would consolidate government oversight over China’s banking, fintech, and data industries into one new regulator. Updates can be expected early this […]
Entry Visa for China
For the first time in 3 years China will open up to foreign visitors, with all categories opening up for application. Announced in a government notice, the new policies and measures are being implemented as of Wednesday, March 15th, 2023. In previous years, under administrative enforcement of zero-COVID policies, inbound international travels into China were […]
Intellectual Property in China
In recent years, China has taken many steps to become a more favorable landscape for global businesses to thrive. In fact, in 2019, it was named one of the world’s “Top 10 Most Improved Economies for Ease of Doing Business” by the World Bank. With a bustling economy, a growing middle class, and a culture […]
Chinese Consumers 2023
With the years of the restrictions now in the rear-view mirror, China’s re-opening has been a welcomed relief for both China based businesses as well as global markets. Moreover, for both foreign and local enterprises this means more stimulation within the Chinese economy for 2023 and growth prospects for their operations. However, through the duration […]
